Last Updated March 06, 2019

Law and Practice

Authors



Florent (Amsterdam - HQ) was launched in 2017 by partners from BLIX and Höcker Advocaten, and now consists of about 35 lawyers. It has a strong focus on corporate/M&A, commercial and corporate litigation, banking and finance, and insolvency and restructuring. The firm employs real estate, employment and intellectual property experts in support of its focus areas, so is able to assist clients throughout a company’s life cycle, from start-up to investment round, from acquisition to litigation, and from financial distress to exit. The Insolvency team is appointed by the courts as bankruptcy trustees or administrators in the largest bankruptcies in the Netherlands. It also advises companies in distress, lenders, borrowers and financial institutions, as well as other creditors and counterparties, on all aspects of debt recovery, restructuring and insolvency. In addition to the team’s strong roots in domestic practice, the firm has excellent capabilities for and experience in dealing with cross-border/international and complex cases (including INSOL Fellows). Florent is the only major firm in the Netherlands with a substantial asset recovery practice, so can assist with cross-border asset recovery, fraud litigation (prosecuting civil claims for fraud) and financial fraud investigations.

In practice, only individuals on the 'bankruptcy trustee list' (curatorenlijst) mentioned in 9.3 Selection of Statutory Officers may be appointed to serve as a statutory officer; however, the Dutch Bankruptcy Act contains no formal requirements as to identity, qualifications or credentials, allowing for (co-)appointment of others (eg, financial experts, accountants in case of a financial institution) in exceptional situations. Before accepting an appointment, a bankruptcy trustee of the administrator must verify whether he or she is conflicted. If that is the case, the bankruptcy trustee or administrator will have to withdraw. A statutory officer is conflicted if he or she is a creditor, creditor representative, owner, officer or director of the company concerned.

Florent

NoMA House
Gustav Mahlerlaan 1236
1081 LA AMSTERDAM

+31 (0)20 303 59 00

+31 (0)20 303 59 99

info@florent.nl www.florent.nl
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Authors



Florent (Amsterdam - HQ) was launched in 2017 by partners from BLIX and Höcker Advocaten, and now consists of about 35 lawyers. It has a strong focus on corporate/M&A, commercial and corporate litigation, banking and finance, and insolvency and restructuring. The firm employs real estate, employment and intellectual property experts in support of its focus areas, so is able to assist clients throughout a company’s life cycle, from start-up to investment round, from acquisition to litigation, and from financial distress to exit. The Insolvency team is appointed by the courts as bankruptcy trustees or administrators in the largest bankruptcies in the Netherlands. It also advises companies in distress, lenders, borrowers and financial institutions, as well as other creditors and counterparties, on all aspects of debt recovery, restructuring and insolvency. In addition to the team’s strong roots in domestic practice, the firm has excellent capabilities for and experience in dealing with cross-border/international and complex cases (including INSOL Fellows). Florent is the only major firm in the Netherlands with a substantial asset recovery practice, so can assist with cross-border asset recovery, fraud litigation (prosecuting civil claims for fraud) and financial fraud investigations.

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